Drugstore.com

drugstore.com, inc.

Type	Public (NASDAQ: DSCM)
Founded	1997
Headquarters	Bellevue, Washington
Key people	Dawn G. Lepore, Chairman, President, and CEO Jed Smith, Founder
Industry	Retail Online shopping
Products	Prescription and OTC Pharmaceuticals, General Sundrys, Name-brand and private-label health and beauty items.
Employees	670
Website	http://drugstore.com/

Drugstore.com (styled as drugstore.com) is an internet retailer in health and beauty care products headquartered in Bellevue, Washington. Its web operations were launched on February 24, 1999.

Partnerships with other companies allow customers to pick up prescriptions at Rite Aid stores, enables drugstore.com to sell Rite Aid products, as well as vitamins from retailer General Nutrition Center (GNC). Drugstore.com ended a sourcing deal with Amazon.com in 2005. In addition to the Drugstore.com website, the company also maintains storefronts at beauty.com, sexualwellbeing.com and VisionDirect.com.

It is headquartered at 411 108th Ave. NE, Suite 1400; Bellevue, WA 98004; (425) 372-3200.

Its customer service centers are located in Bellevue, Washington and Halifax, Nova Scotia. Despite raising $900 million dollars in an IPO, The company has never earned a penny.

DS Distribution, Inc., located in the Pureland Industrial Complex in Logan Township, New Jersey, is its wholly-owned subsidiary responsible for the distribution of OTC products, beauty.com products, and CNS (Custom Nutrition Services) products. The subsidiary that manages the distribution of prescription pharmaceutical products, DS Pharmacy, Inc., is located in the same building as DS Distribution. Distribution of VisionDirect.com products is from a center in Ferndale, Washington.

It has an "FSA store" containing items that are likely to be eligible for purchase using a medical flexible spending account, and by extension a health reimbursement account or health savings account as well. This in turn led to its invention of the very first inventory information approval system (IIAS) in 2005; it wasn't used in brick-and-mortar retailing until 2006 by Walgreens. Under a 2006 Internal Revenue Service ruling, IIAS must be installed by every grocery store, discount store, and Internet pharmacy that accepts FSA debit cards by the end of 2007, and by most chain pharmacies by the end of 2008.

External links

• Hoovers Fact Sheet

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